East Africa Exchange (EAX) is a commodity exchange

Category: Commodity Trading

Kenya. Tue 27 Sep 2016, 12:00 am
At the recent African Green Revolution Forum in Nairobi, one of the outstanding take-outs was that Africa may need $400 billion (Sh40 trillion) in investment in food production over the next decade to meet its needs.
But while finance is the problem, it is not the solution if we do not reorient its deployment. Many African countries and donor programmes have invested billions of dolla...

Rwanda. Tue 13 Sep 2016, 12:00 am
Plans of establishing a commodity exchange in the country have taken too long and it is time decisive action is taken to make this a reality.
With the present global commodity super-cycle, the need for a commodity exchange has only become more urgent and we cannot continue engaging in empty talk as farmers faced the pain of fluctuating prices.
The turmoil in the commodity markets is somethin...

Kenya. Thu 21 Jul 2016, 12:00 am
Market access ranks among the headaches of grain farmers, leading to losses or manipulation by brokers or middlemen.
However, farmers now stand a better chance of wriggling past the hawk-eyed and sweet-talking middlemen — who acquire grains for a song — thanks to the launch of an online tool for updates on market availability.
The e-granary developed by the East African Fa...

Rwanda. Mon 27 Jun 2016, 12:00 am
What slows down Africa’s socio-economic transformation? Where does the continent fail at times? Where is the potential? These are some of the questions that many have regarding the continent that for many years has had to contend with an unfortunate tag of a ‘sleeping giant’. To get answers to these and other questions, The New Times’ Collins Mwai sat with Dr Jendayi Fraz...

Rwanda. Mon 16 Nov 2015, 12:00 am
Spot trading to commence in the new year
The East Africa Exchange (EAX), a regional commodity exchange is moving from auction to spot trading.
The move could help farmers get the true value of their goods.
Currently, the exchange is using auction where settlement of the deal is not immediate but with the spot trading, the deal is concluded at the same time.
When the spot trading starts i...